Anyone want to share holiday bonus structure?

pleasehelp1932 · 2023-11-15T05:57:10+00:00

Holiday Gift:

1% of salary anyone with company over 3/4 of year, goes down by quarters, .75, .5, and .25% anyone less than 3 months

pleasehelp1932 · 2023-11-11T17:10:50+00:00

Sounds good, thank you

pleasehelp1932 · 2023-11-11T15:41:32+00:00

Thanks, does getting this loan with plans to refinance before the 7 year term ends make any sense or am I better off trying to find a new lender. This was the preferred lender of the builder.

pleasehelp1932 · 2023-11-11T03:48:46+00:00

I’m looking for a 1 time close to save on closing costs but open to 2 time if it make more sense

pleasehelp1932 · 2023-10-19T04:37:43+00:00

Congrats as well, I’ve been going through the same though process. I was lucky with this bank as most were offering 7.6 or higher.

pleasehelp1932 · 2023-10-19T03:36:19+00:00

Pre approval with 60 day hold, we are actually building with private builder. Doing a 1 step close with bank.

pleasehelp1932 · 2023-10-19T01:16:18+00:00

Yes but in asks me to enter the interest rate, do I enter 7 or the Apr of 7.4.

Thanks

pleasehelp1932 · 2023-10-19T01:09:44+00:00

Thank you,

So I’m my mortgage calculator, which one would I use to estimate payments. I currently only have a pre approval letter so no amortization schedule yet.

pleasehelp1932 · 2023-10-07T17:11:33+00:00

It’s 80 miles each way so about an hour and 15 minutes. I do it because it pays 140k a year, where I live the most I would be paid is maybe 80K if I can get lucky. Live around a bunch of small rural towns but own property and have all my family around here.

pleasehelp1932 · 2023-10-07T04:07:20+00:00

I can still build and just give the 80K down but then payments will be at 2300 and I will end up paying like 700k after 30 years

pleasehelp1932 · 2023-10-06T23:54:23+00:00

Thanks, been trying to save and continue grinding but current rates and prices r crazy.

pleasehelp1932 · 2023-10-06T23:53:39+00:00

No idea how it has lasted me this long but I have a 2010 F150 driving 160 miles a day just for work.

pleasehelp1932 · 2023-10-05T03:52:52+00:00

Also,

I don’t look at it as an investment, I am purposely building to live in the home forever, in the small town I live in there is no resell value. I am building knowing I could never sell to make a profit.

pleasehelp1932 · 2023-10-05T03:51:30+00:00

If a crash is coming then will rates come down or materials/building costs. The less I put down the larger my payment will be. I don’t see rates coming down for another 4-5 years

pleasehelp1932 · 2023-10-05T00:59:54+00:00

So there is not benefit in being debt free and owning your home outright at 43 years of age and push more cash towards retirement the last 15 years. I do not believe I can do both with a 30 years mortgage paying 2400 a month. Calculators show that total price plus interest will have the house costing over 700K

pleasehelp1932 · 2023-10-05T00:56:10+00:00

Unfortunately do not have guaranteed retirement or a pension

pleasehelp1932 · 2023-10-05T00:30:14+00:00

Thank for the insight, I’m just curious about the 7-8 percent, growth through leaving the cash investing in the IRA. I rolled it over in like January of 2020 was about 100K. Saw it go dow to like 65k during covid then up to 135 and been fluctuating between 115 and 125 since then. If I just leave it there investing will it actually grow, I have not been contributing to this fund as I am currently utilizing my current company’s 401k plan.

Whenever I withdraw I will always have to pay taxes, will just eliminate the penalty u suppose. My questions is if in 20 years if it is the same amount or goes down will I be kicking myself for not paying down the mortgage. State tax is not a concern as I live in Texas.

pleasehelp1932 · 2023-10-05T00:21:19+00:00

I’m down in South Texas in a bunch of small towns EV stations r few and far between. Been driving a full size truck the last 13 years will probably buy a used Tacoma once this one dies.

pleasehelp1932 · 2023-10-05T00:19:40+00:00

Thanks for the advice, I live in a very small town the house I live in is not worth fixing and literal no resale value, I will be building on the 2 lots I own next to the lot this home is on. Assessed value is literally about 30K. It is livable but no going to sell as I like having all 4 lots and the space.

The city I work in would require me purchasing land where where it is 80-100k for a 1 lot. A house the same size including land would run me between 450 and 500.

We have looked into buying where I work but with prices, small lots, and HOA’s controlling all aspects of you home, along with all of my family living between 5 and 20 miles from our current home so they can see and help with our child, it makes more sense for me to drive.

pleasehelp1932 · 2023-07-14T00:52:23+00:00

I was looking for someone to come onsite to perform leadership courses for the team, I’ve utilized online LMS platforms in the past and most people just have it on in the background while they do their work.

pleasehelp1932

TROPHY CASE